HG Metal Manufacturing (SGX:BTG) Long-Term Capital Lease Obligation : S$4.5 Mil (As of Dec. 2024)

View and export this data going back to 2002. Start your Free Trial

What is HG Metal Manufacturing Long-Term Capital Lease Obligation?

HG Metal Manufacturing's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was S$4.5 Mil.

HG Metal Manufacturing's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (S$4.9 Mil) to Jun. 2024 (S$4.8 Mil) and declined from Jun. 2024 (S$4.8 Mil) to Dec. 2024 (S$4.5 Mil).

HG Metal Manufacturing's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (S$5.3 Mil) to Dec. 2023 (S$4.9 Mil) and declined from Dec. 2023 (S$4.9 Mil) to Dec. 2024 (S$4.5 Mil).

HG Metal Manufacturing Long-Term Capital Lease Obligation Historical Data

The historical data trend for HG Metal Manufacturing's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

HG Metal Manufacturing Long-Term Capital Lease Obligation Chart

HG Metal Manufacturing Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

7.12

6.27

5.25

4.87

4.55

HG Metal Manufacturing Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															5.25	5.11	4.87	4.78	4.55

HG Metal Manufacturing (SGX:BTG) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

HG Metal Manufacturing Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of HG Metal Manufacturing's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

HG Metal Manufacturing Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » HG Metal Manufacturing Ltd (SGX:BTG) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 Jalan Buroh, Singapore, SGP, 619484

Website

http://www.hgmetal.com

HG Metal Manufacturing Ltd is involved in the steel business. The company has business units which include HG Distribution, HG Construction Steel, HG Coupler, and Thread. The operating segment of the company is Trading Segment, Manufacturing Segment, and Others. The trading segment is a supplier of steel products and includes the holding of investments in subsidiaries in the business of steel distribution and provision of industrial steel services. The manufacturing segment produces construction steel products and provides related engineering services. Others include those which do not fall in the trading and manufacturing segment. The majority is from the manufacturing segment. Geographically, the majority is derived from Singapore.